Chris Nowinski is a former football player at Harvard University and professional wrestler with WWE, World Wrestling Entertainment. After enduring a career-ending head injury, Chris has dedicated his professional life to serving patients and families affected by brain trauma, particularly Chronic traumatic encephalopathy, or CTE, a progressive neurodegenerative disease that develops after repeated head injuries. Jay and Chris discuss the state of head injuries in American athletics, the difference between advocating for head safety at youth and professional levels, Chris’ newest research, and much more. Episode Chapters (00:00) Intro (00:50) changes in the culture around concussions in the past two decades (02:39) padded helmet technology (03:55) concussion reporting in the NFL (10:35) Chris’ career path and concussion history (14:52) connecting with activists who haven’t themselves suffered a traumatic brain injury (17:42) SHAAKE - a new sign to identify concussions (20:53) Unions can help players advocate for safety policies (23:10) final thoughts and goodbye For video episodes, watch on www.youtube.com/@therudermanfamilyfoundation Stay in touch: X: @JayRuderman | @RudermanFdn LinkedIn: Jay Ruderman | Ruderman Family Foundation Instagram: All About Change Podcast | Ruderman Family Foundation To learn more about the podcast, visit https://allaboutchangepodcast.com/…
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Beyond Bitewings
ทำเครื่องหมายทั้งหมดว่า (ยังไม่ได้)เล่น…
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เนื้อหาจัดทำโดย Edwards & Associates, PC and PC เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดหาให้โดยตรงจาก Edwards & Associates, PC and PC หรือพันธมิตรแพลตฟอร์มพอดแคสต์ของพวกเขา หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่แสดงไว้ที่นี่ https://th.player.fm/legal
Beyond Bitewings focuses on helping dentists with the business side of dentistry. Our podcast episodes are a mix of outside experts, and discussions within our own team of CPA's, financial planning, and business experts. This is the podcast for those looking to strengthen your dental practice, run a practice more smoothly, and increase your take-home pay.
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111 ตอน
ทำเครื่องหมายทั้งหมดว่า (ยังไม่ได้)เล่น…
Manage series 2906726
เนื้อหาจัดทำโดย Edwards & Associates, PC and PC เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดหาให้โดยตรงจาก Edwards & Associates, PC and PC หรือพันธมิตรแพลตฟอร์มพอดแคสต์ของพวกเขา หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่แสดงไว้ที่นี่ https://th.player.fm/legal
Beyond Bitewings focuses on helping dentists with the business side of dentistry. Our podcast episodes are a mix of outside experts, and discussions within our own team of CPA's, financial planning, and business experts. This is the podcast for those looking to strengthen your dental practice, run a practice more smoothly, and increase your take-home pay.
…
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111 ตอน
Wszystkie odcinki
×In this episode of Beyond Bitewings, hosts Robert and Ash discuss the essential financial concept of BAM, or the Basic Amount of Money needed to operate a dental practice. This isn't just another metric like production per hour; BAM is crucial for ensuring that a practice is financially healthy and meeting all its obligations. Unlike a simple break-even point, BAM includes not only overhead costs but also salaries, loan repayments, and even the financial goals of the practice owner, such as retirement contributions. The episode emphasizes how understanding and setting an accurate BAM figure can also play a role in establishing a fair bonus system for practice staff, aligning financial goals across the team. Robert and Ash explore the components that make up the BAM, including considerations for future expenses such as new hires, potential rent increases, and loan payments. They also discuss the importance of setting realistic and achievable financial goals, which take into account both historical financial data and future projections. The conversation highlights that calculating BAM annually is a best practice to accommodate changes like market growth and inflation. Lastly, they touch on personal financial goals—like charitable contributions or income for family members—and whether they should be factored into BAM calculations. Key Topics Discussed: Definition and importance of BAM (Basic Amount of Money) The difference between BAM and break-even BAM's significance in establishing staff bonuses Considerations for calculating BAM, including future expenses Ensuring BAM is realistic and achievable Impact of loan payments, rent, and retirement contributions on BAM Personal financial goals in BAM calculations Annual recalculation and projection adjustments for BAM…
In this episode of Beyond Bitewings, the team at Edwards & Associates is joined by Allen. Schiff to discuss the prevalent issue of embezzlement in dental practices. Alan, the president of the ADCPA and a certified fraud examiner, shares his insights on the unexpected frequency of embezzlement cases, stating that one in six dental practices will experience or have already experienced embezzlement. Alan explains common signs that business owners can look out for, such as behavioral changes in trusted employees and discrepancies in financial records. The conversation emphasizes the importance of not immediately terminating suspected employees to allow for proper investigation and gathering of evidence. They also offer practical strategies for minimizing the risk of embezzlement. This includes segregating financial duties among staff to prevent any one individual from having too much control, regularly reviewing day sheets, and ensuring robust internal controls like setting audit trails at the highest level in practice management software. Alan highlights the psychological deterrents, such as having doctors visibly review financial statements and records, and discusses the complications of background checks due to unreported offenses. Key Topics Discussed: Understanding dental practice embezzlement frequency Recognizing behavioral signs of embezzlement Importance of independent investigation Strategies for minimizing embezzlement risk Setting internal controls and segregation of duties Psychological deterrents in financial monitoring Common types of fraud in dental offices Challenges in prosecuting embezzlement cases Tips for effective fraud prevention and detection…
Have you ever noticed when you search for something near you on Google, there are always 3 places that pop up on a map? That's called the Google 3-Pack, and it's the key to having Google become a lead-generating machine for your business. In today's episode of Beyond Bitewings, Ash welcomes Darren Tessitore, CEO of Thrive Reviews, to unravel the mysteries of local SEO and how to maximize your Google Business Profile to drive traffic. Darren sheds light on the importance of frequent updates, active social media engagement, and strategic use of customer reviews to climb up the rankings of the Google Map 3-pack and soar above your competitors without paid ads. Darren also provides crucial tips on the importance of commenting on reviews while remaining HIPAA compliant. He also talks about how you can incentivize your staff to encourage and ask for reviews, and why it's an important factor when staying on top of Google's local search. To get in contact with Darren, you can visit https://thrivereviews.net/ or call him at 727.300.1084 If you have specific questions about any of these topics for your practice, or if you'd like to have another question answered on a future podcast, please reach out to the Edwards & Associates team . Please also contact us to find out more about Ash's financial course. Visit us at: https:// EandAssociates.com Episode Breakdown: The Importance of Google Business Profiles The science of optimizing Google Business for top-ranking Google marketing strategy to boost local rankings The importance of social media to your Google Profile Automated updating, posting, and review management The importance of understanding HIPAA to ensure compliance and avoid lawsuits. Lowering the cost for customers…
Are you overpaying on your credit card processing fees? Most dental providers have no idea how much they're overpaying on their processing fees, losing them, literally, thousands of dollars of their bottom line each year. In this episode of Beyond Bitewings, Ash welcomes Jeremy Lessaris, founder and CEO of Payment Brokers, a fintech company specializing in AI-enabled cost reductions within the payment processing industry. With a background as a seasoned entrepreneur who has successfully built and exited eight companies across diverse sectors like tech, SaaS, payments, and healthcare, Jeremy brings a wealth of expertise to the table. Jeremy offers some history of the payment processing industry, revealing pricing tactics that can burden small to medium-sized enterprises, including dental practices. He also shares his journey from being affected by high credit card processing fees to creating a solution that helps businesses avoid these pitfalls. Through Payment Brokers, Jeremy utilizes advanced machine learning tools to analyze merchant statements and negotiate better rates for clients, ensuring significant savings without requiring businesses to switch providers or disrupt their operations. They also touch upon Jeremy's entrepreneurial journey, the importance of sound advisory, and how addressing small operational costs can lead to massive impacts on business valuation, especially for those planning an exit strategy. To find out more about Jeremy, visit: paymentbrokers.com. Key Topics Discussed: Origin and mission of Payment Brokers Challenges in the payment processing industry AI and machine learning applications Specific advice for medical and dental practices Importance of good advisory support Insights from Jeremy’s entrepreneurial journey Cost-saving strategies for businesses…
In this episode of Beyond Bitewings, Ash welcomes Bank of America's Adam Schenck to discuss the vital steps involved in acquiring or starting a dental practice.Ash and Adam cover a wide range of crucial topics, particularly focusing on the significance of building a knowledgeable team. This team should include industry-specific professionals like CPAs, lenders specializing in dental loans, and insurance advisors. Adam emphasizes that having this team not only makes the daunting process of starting a practice more manageable but also ensures that aspiring dental practice owners are well-prepared for their most significant investment yet. Adam provides insight into the practicalities of obtaining a practice loan. He explains the importance of cash flow management and the role of working capital loans in covering initial operating expenses such as staff salaries and supplies. Further, the episode compares starting a new practice from scratch versus acquiring an existing one. Adam advises keeping all options open and stresses the importance of fact-checking and consulting with experts to make informed decisions. To connect with Adam, you can email him at Adam.Schenck {at} bofa.com If you have specific questions about embezzlement or if you'd like to have another question answered on a future podcast, please reach out to the Edwards & Associates team . Key Topics: Importance of building a knowledgeable team Steps before applying for a practice loan Understanding cash flow and personal finances Role of working capital loans Comparing starting a new practice vs. acquiring an existing one Tips for finding the perfect practice location Importance of fact-checking information…
Ash sits down with Danielle from Huntington Bank to answer pressing questions about dental practice loans. Danielle shares insights into the two main types of loans available for dentists: startup loans and acquisition loans. For dental students and new graduates, she emphasizes the importance of living within their means and maintaining a healthy financial profile to secure startup loans without needing high down payments. She also talks about the importance of producing enough to sustain overhead costs and the nuances of working capital. Danielle also touches on practice acquisitions and how they are significantly different from startups. She explains the various factors lenders consider, such as production capacity, cash flow, and personal lifestyle, to ensure the practice can support itself. Additionally, Danielle outlines the benefits and considerations for refinancing existing loans, discussing how it can aid in practice expansion despite higher interest rates. If you have specific questions about embezzlement or if you'd like to have another question answered on a future podcast, please reach out to the Edwards & Associates team . Key Topics Discussed: Preparation for applying for a loan The importance of living within one’s means Types of dental practice loans: startups vs acquisitions Role of student debt in loan approval Criteria for securing a startup loan Significance of working capital Current lending climate and interest rates Practice acquisitions and sustainability Importance of lender specialization in the dental industry Benefits and process of refinancing…
In this episode of Beyond Bitewings, host Ash welcomes special guest Steve Hipson from DDSmatch.com, a professional dental practice broker with over 25 years in the dental industry. The discussion focuses on what you need to know before selling a dental practice and the steps necessary for a smooth transition. Steve explains how his company assists dental practice owners in planning their retirements and transitions by using a structured approach that starts 3 to 5 years before the intended sale. This approach ensures that practices retain or even enhance their value leading up to the sale. Steve discusses the importance of evaluating key performance indicators like revenue trends and properly calculating EBITDA. He notes the difference in sale dynamics between private practice sales and those involving Dental Service Organizations (DSOs). Confidentiality and a meticulous planning process are essential aspects of Steve’s service, ensuring that practice owners can sell without causing unrest among staff and patients. To find out more visit: https://ddsmatch.com If you have specific questions about embezzlement or if you'd like to have another question answered on a future podcast, please reach out to the Edwards & Associates team . Key Topics Discussed: Introduction and guest welcome Role of a Dental Practice Broker Importance of networking and experience in dentistry Transition planning for dental practice sales Working with DSOs versus independent buyers Importance of EBITDA and practice valuation Confidentiality in selling a dental practice Contact information for Steve Hipson and ddsmatch.com…
Welcome to another episode of Beyond Bitewings, where Ash is joined by two special guests, Shelby and Sarah, from Barton and Associates, the 4th largest staffing agency in the United States. They explore the often overlooked yet crucial topic of locum tenens in dentistry. Shelby and Sarah share insights on what locum tenens is, its benefits for both new grads and retired dentists and how it offers flexibility and opportunities to travel. They also discuss the process of getting started and the unique ways their agency supports dentists, including handling licensing and credentialing and offering tax seminars. Whether you're curious about locum tenens work or just want to hear about some fascinating stories from the field, this episode is packed with valuable information. To connect with Barton and Associates, visit: https://www.bartonassociates.com/ Key Topics Discussed: Introduction of guests from Barton and Associates Definition and concept of locum tenens in dentistry Benefits for new graduates and retired providers Support for start-up practices Logistical support, such as credentialing and licensing Importance of building relationships with providers Accommodation of personal needs, including family and pets Payment processes via Barton and Associates Tax considerations for locum tenens dentists…
Welcome to another episode from the Southwest Dental Conference where Ash sits down with Paul Montelongo, founder of Montelongo Capital, an investment firm based in San Antonio, Texas. They discuss Paul’s background and expertise in real estate investment, focusing on cash-flowing properties such as apartments, self-storage, and oil and gas assets. Paul talks about how Montelongo Capital partners with business owners, including dentists and physicians, to invest in these assets that offer regular cash flow, significant equity growth, and substantial tax benefits. The conversation also covers the dynamics of multifamily syndicates—a key investment strategy for Montelongo Capital. Paul explains the role of both general and limited partners in these deals, emphasizing the benefits of passive income and tax advantages for busy professionals. He also details current investment opportunities, including a promising property in Corpus Christi, Texas, projected to offer a 20% annual return on investment. To find out more, you can visit: montelongocapital.com If you have specific questions about embezzlement or if you'd like to have another question answered on a future podcast, please reach out to the Edwards & Associates team. ( https://www.EandAssociates.com ) Key Topics Discussed: Cash-flowing investments and their benefits Tax benefits for business owners and passive investors Differences between General Partners and Limited Partners Transition from single-family to multifamily investments Typical holding periods and return timelines for investments Quarterly distributions and investor returns Current investment opportunities in Corpus Christi, Texas Risk management and market leverage Treating real estate investments as businesses…
In this episode of Beyond Bitewings, Lynn sits down with Duane Gallup from Vital Technology Group, a specialist in dental cyber security. Duane shares insights into the evolution of their company from a Managed Service Provider (MSP) to a Managed Security Service Provider (MSSP), focusing heavily on security issues within dental practices. The discussion highlights several misconceptions in the dental industry about cyber security and stresses the importance of having robust systems and professional oversight. Lynn and Duane cover crucial elements of cyber security such as the importance of secure DNS, backup systems, phishing prevention, and compliance with HIPAA and PCI regulations. They also share anecdotes about real-world security risks and the impact of compromised systems on dental practices. Duane emphasizes the need for dental practices to use professional IT services rather than relying on DIY methods while detailing the range of products and services his company offers to help mitigate these risks. For more information about Duane, visit: https://vtgtx.com/ If you have specific questions about embezzlement or if you'd like to have another question answered on a future podcast, please reach out to the Edwards & Associates team. ( https://www.EandAssociates.com ) Key Topics Discussed: Introduction to Vital Technology Group Cyber security threats in dental practices Importance of secure DNS User-initiated security risks Real-life examples of phishing and cyber attacks Ethical hacking Evolution of ransomware Compliance with HIPAA and PCI Importance of professional IT services Tools and services offered by Vital Technology Group Cost-effectiveness of consolidating cyber security tools…
In this episode of Beyond Bitewings, Ash sits down with Sarina Arzani, a third-year student at A&M College of Dentistry. Sarina shares her experiences and the common concerns many dental students face as they approach graduation. They discuss navigating the less-discussed business aspects of dentistry, particularly for those looking to start their own practice. Sarina shares the importance of early preparation, building a strong support network, and consulting with experts to ensure a smooth transition from student to professional. Ash offers insights on key steps dental students should take, such as engaging with financial advisors, insurance agents, and forming study clubs. They explore the significance of creating a reliable team and how networking and social media, as highlighted by Sarina's own experience as an influencer, play a pivotal role in today's dentistry world. The episode serves as a valuable resource for dental students to mitigate the overwhelming aspects of launching their careers by gathering practical advice and industry knowledge. To find more info or follow, visit: https://www.instagram.com/Dentistrybysarina/ If you have specific questions about embezzlement or if you'd like to have another question answered on a future podcast, please reach out to the Edwards & Associates team. ( https://www.EandAssociates.com ) Key Topics Discussed: Importance of business knowledge for dental students Building a team of experts and networking Early preparations during the D3 and D4 years Free contract review services for dental students Role of social media and influencer marketing in dentistry…
We're bringing back some of your most common questions about write-offs and tax deductions for dental practice owners. Ash is joined by Lynne and Lorainne Kent to talk about a broad array of topics, including the nuances of business expense deductions, home office claims, and considerations for travel-related deductions. They also discuss the protocols for handling cash receipts, with Lorraine stressing the importance of proper record-keeping to avoid tax evasion issues. Lynne provides insights into the complexities of vehicle write-offs and the constraints around EV tax credits, especially for high-income earners. The episode touches on the misconceptions around adding AirBnB's to a portfolio and what you can write off, handling gifts and business etiquette, especially during festive seasons. They also talk about how important it is to not withhold income from the IRS, and why you need to be careful of red flags on your taxes. And as always, make sure you consult with a tax professional. Key Topics Discussed: Vehicle Write-Offs Business Expense Deductions Handling Cash Receipts Deducting Travel and Meals Home Office Deductions Combining Airbnb with Farming Activities Gift Tax Rules and Business Etiquette Documentation and IRS Audits Importance of Consulting Tax Professionals…
In this episode of Beyond Bitewings, Ash welcomes Jennifer Page from Carr, a commercial real estate firm specializing in healthcare transitions, including practice purchases and sales. Jennifer shares her insights on the unique aspects of representing healthcare professionals in real estate transactions. She explains why dental practice owners must engage real estate agents who specialize in their industry and avoid conflicts of interest by not representing landlords. This episode highlights the importance of timing in lease renewals and relocations, emphasizing starting the process well in advance. Jennifer outlines several common mistakes healthcare practitioners often make in commercial real estate, such as not giving themselves enough time to negotiate and treating commercial transactions like residential ones. She also discusses how Carr supports their clients with lease abstractions, vendor partnerships, and even connecting them with experts in lending, accounting, and contractor services. To learn more about Carr or to connect with Jennifer, visit: Jennifer.Page{at}Carr.us. Key Topics Discussed: Importance of specialized healthcare real estate agents Avoiding conflicts of interest in transactions Timing for lease renewals and relocations Common mistakes in commercial real estate Lease abstraction services Vendor partnerships and additional support Cost benefits of using professional real estate agents Support for DSOs and larger healthcare groups…
Ash welcomes Jessica Jones, CEO and founder of Build Your Cash Medical Practice. to discuss various strategies for building stronger relationships with clients and optimizing business operations. Jessica shares insights from her extensive background, including her experience in marketing and managing medical practices. The conversation addresses the importance of remembering personal details about clients, understanding staff strengths, and implementing effective incentive programs to boost staff engagement and retention. Jessica also touches on the challenges of transitioning to cash-based services and navigating the complexities of financial management. They discuss the need for clarity, simplicity, and vigilance to avoid financial malpractice. They also talk about marketing strategies and the importance of patient experience, offering practical tips on how to allocate funds for marketing and the significance of personalized care. To learn more and connect with Jessica, visit: https://buildyourcashmedicalpractice.com/ If you have specific questions about embezzlement or if you'd like to have another question answered on a future podcast, please reach out to the Edwards & Associates team. ( https://www.EandAssociates.com ) Key Topics Discussed: Importance of client relationships Staff engagement and incentive programs Transitioning to cash-based services Financial management and risk prevention Marketing strategies and ROI Delegation and time management Adapting to external business factors…
In this episode of Beyond Bitewings, Ash welcomes Beth Lachance, CEO of Global Medical Virtual Assistants and shares the journey of her company and how virtual assistants can become a critical component for managing administrative work in dental and medical practices. She recounts how her medical background and a chance involvement in virtual assistance for the real estate sector led her to realize the vast potential for similar services in healthcare. Beth outlines various roles that virtual assistants can occupy, from handling front desk duties to managing complex administrative tasks like insurance verifications and revenue cycles. Ash and Beth discuss the challenges faced by dental practitioners, especially those juggling clinical and administrative responsibilities. They also discuss the cost-effectiveness and efficiency of virtual assistants, especially as practices contend with fluctuating staffing needs in the post-COVID era. Beth also breaks down the financial advantages, explaining how their services are a fraction of the cost compared to traditional staff. To learn more, visit: https://globalmedicalva.ph/ If you have specific questions about embezzlement or if you'd like to have another question answered on a future podcast, please reach out to the Edwards & Associates team. ( https://www.EandAssociates.com ) Key Topics Discussed: Administrative roles for virtual assistants Challenges of managing a dental practice HR and workforce management post-COVID Cost-effectiveness of virtual assistance Proven success of virtual staffing solutions Detailed cost comparison and savings Enhancing existing staff and practice management…
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